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Wilma TischBillionaire Woman
Country:
 USA |
Content:
Vilma Tisch - a Billionaire and Philanthropist
Vilma Tisch is an educated individual who obtained her degree from Skidmore College and holds an honorary bachelor's degree in science and arts. She is currently the first woman to serve as the president of the Jewish Federation. In addition, she is the chair of the board of the WNYC Foundation. As the widow of the renowned and wealthy investor Lawrence Tisch, Vilma is now one of the richest and most influential individuals on the planet according to Forbes magazine.
The Tisch Family's Legacy
Vilma Tisch's story is closely intertwined with the history of the Tisch family, specifically her late husband Lawrence and his brother Preston. The Tisch brothers, originally from Brooklyn, decided to venture into real estate. In 1946, they acquired a hotel in New Jersey, and later on, they began leasing hotels in Atlantic City. Their business flourished, and their profits grew. Over time, the brothers acquired other hotels such as NYC's Drake, Belmont Plaza, and Regency. In 1959, they gained control of Loews Theatres. Since then, Lawrence and Preston expanded their business interests into various other sectors, including insurance (CNA Financial), watch manufacturing (Bulova), oil drilling (Diamond Offshore Drilling), and tobacco production (Lorillard).
A Legacy of Philanthropy
The Tisch family, including Vilma Tisch, has always prioritized philanthropic efforts. Lawrence and Preston provided significant financial support, amounting to thirty million dollars, to the New York University and its Medical Center. In response to their noble gesture, the university administration renamed the hospital on First Avenue as the Tisch Hospital.
The Tisch brothers and Vilma believed that the New York University was and still is one of the greatest institutions in the United States. Their substantial financial assistance aimed to enhance the university's business school and improve the university buildings. The Tisch family has always been involved in financially supporting hospitals. It has been a tradition for them. They began their philanthropic journey by taking guardianship of a small 70-bed hospital in Lakewood. Over time, the family also supported other clinics in Atlantic City, Miami, and, of course, New York.
Today, Vilma Tisch and the next generation of the Tisch family continue the entrepreneurial and philanthropic endeavors initiated by Lawrence and Preston.
